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Zomedica Acquires Pulsevet

Oct 01, 2021•about 4 years ago

Acquiring Company

Zomedica

Acquired Company

PulseVet

Ann ArborHealth Care

Description

Zomedica Corp. (NYSE American: ZOM) (“Zomedica” or the “Company”), a veterinary health company creating point-of-care diagnostic and therapeutic products for companion animals, today announced that it had acquired the Pulse Veterinary Technologies businesses for $70.9 million in an all-cash, stock transaction.

Company Information

Company

Zomedica

Location

Ann Arbor, Michigan, United States

About

Zomedica (NYSE American:ZOM) is a veterinary health company focused on meeting the needs of clinical veterinarians in ways that promote both patient and practice health. Our team of animal health professionals, innovative scientists, clinical veterinarians, and business experts is committed to helping practitioners remember why they chose to care for animals and recapture the joy in their career.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed